News

Australian-listed security technology company Spectur has secured a debt facility of $1 million with Westpac Bank.

Legacy Reserves has executed a global restructuring support agreement with its lenders. Wells Fargo is serving as administrative agent for up to $100 million in DIP financing.

The Wall Street Journal reported that Big Four accounting firm KPMG will face a fine of up to $50 million following an SEC investigation related to actions of a former partner.

BB&T and SunTrust to rebrand as Truist following their merger. The new entity will form the sixth largest bank in the U.S.

Pacific Mercantile Bank has provided a $6.4 million credit facility consisting of a line of credit and a commercial term loan to Culinary International.

Deloitte appointed Deborah Golden, principal, Deloitte & Touche, as the new leader of its U.S. Cyber Practice.

good natured Products has secured $10 million in growth capital from BDC Capital to further accelerate organic growth.

The Wall Street Journal reported that a group of investors is attempting to take the Hudson Bay Company private in an attempt to save iconic department stores Saks Fifth Avenue and Lord and Taylor._x000D_

Boot Barn Holdings amended both its revolving credit facility with Wells Fargo as administrative agent and its term loan agreement with Golub Capital.

_x000D_ Brent A. Morowitz has joined Pepper Hamilton as of counsel in the Corporate and Securities Practice Group, resident in the New York office. _x000D_ _x000D_